If the take-home pay is $7,450 and the total expenses are $6,390, then the amount of money left over for savings is $7,450−$6,390=$1,060

asked 2021-06-04

Find the final amount of money in an account if $3,700 is deposited at 4.5% interest compounded quarterly and the money is left for 9 years?

asked 2021-05-11

Bethany needs to borrow \($10,000.\) She can borrow the money at \(5.5\%\) simple interest for 4 yr or she can borrow at \(5\%\) with interest compounded continuously for 4 yr.

a) How much total interest would Bethany pay at \(5.5\%\) simple interest?

b) How much total interest would Bethany pay at \(5%\) interest compounded continuously?

c) Which option results in less total interest?

a) How much total interest would Bethany pay at \(5.5\%\) simple interest?

b) How much total interest would Bethany pay at \(5%\) interest compounded continuously?

c) Which option results in less total interest?

asked 2021-06-27

Gary made four times as much money as Joel over the summer. combined, the two made $475. How much money did each boy earn?

asked 2021-05-21

A salesperson earns $50 a day plus 12% commission on sales over $200. If her daily earnings are $76.88, how much money in merchandise did she sell?

asked 2021-07-04

$30,000 is invested for 3 months at an annual simple interest rate of 3%.

How much interest will be earned?

How much interest will be earned?

asked 2021-06-25

An executive invests $22,000, some at 7% and some at 6% annual interest. If he receives an annual return of $1,420, how much is invested at each rate?

asked 2021-05-11

Two minor league baseball players got a total of 366 hits. Washington had 12 more hits than Sanchez. Find the number of hits for each player.

asked 2021-05-02

You decide to take guitar lessons. Each half-hour lesson costs $20. How much will you budget to pay for a half-hour lesson each week for 26 weeks?

asked 2021-05-02

asked 2021-06-24